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With continuing worldwide governmental investigations of airline
pricing, three carriers have reached plea agreements with the U.S.
Department of Justice to pay fines for price fixing.
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Sypris Technologies, Inc., a supplier of forged and machined drive
train components for the light, medium and heavy-duty truck markets in
North America, has announced it will expand its manufacturing facility
in Morganton, N.C. and add 203 jobs by the end of 2013.
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Contech, L.L.C., an automotive parts manufacturer, will restructure
its debt and sell 'non-core operations.'
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"It started with aluminum foundries and diecasters and lately
the
list of metalcasters cutting jobs and scaling back operations
includes..."
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"The news this week that Indianapolis Casting Corp. will be
closing in July is not a big surprise. But..."
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"While there are many, many issues to be addressed about our
financial mess, no one would argue that most of the difficult problems
would resolve themselves if the economy were growing..."
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Daily News For February 2, 2009 